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$ 3,995,000
Est. payment | /mo
5 Beds
4 Baths
5,534 SqFt
$ 3,995,000
Est. payment | /mo
5 Beds
4 Baths
5,534 SqFt
Key Details
Property Type Single Family Home
Sub Type Com-Res Income
Listing Status Active
Purchase Type For Sale
Square Footage 5,534 sqft
Price per Sqft $721
MLS Listing ID 250022812
Bedrooms 5
Property Sub-Type Com-Res Income
Property Description
The Hornblend Apartment Homes, an 8 unit rental community centrally located in Pacific Beach, CA. Situated on a 6,240-square-foot lot, the property features four spacious 1-bedroom/1-bath units, two 2-bedroom/1-bath units, and one 2-bedroom/2-bath unit. Residents enjoy a peaceful, well-kept courtyard, four on-site tandem parking spaces, four single car garages, and a convenient on-site laundry facility with leased equipment. Four of the units have been extensively remodeled and are rented at top market rents while the other four units have long terms tenant and can benefit for remodeling and renting at higher market rents. Additionally, the four single car garages in the rear have ADU potential to further increase rental income. With its prime location just minutes from the beach, vibrant dining, shopping, and outdoor recreation, The Hornblend Apartment Homes offer an attractive lifestyle for tenants seeking a balance of coastal living and urban convenience. The property has been well maintained over the years, yet a strategic value-add opportunity exists to modernize the interiors and further enhance rental income.
Location
State CA
County San Diego
Community Other/Remarks
Area Coastal South
Interior
Fireplace No
Exterior
View Y/N No
Building
Story 2
Others
Tax ID 4230931400
Listed by Dylan E Wright MD Real Estate, Inc
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Broker Associate | Lic# 01976606